American Fortune Life

The bailout plan proposed by the US government was passed by the House of Representatives on the afternoon of October 3rd yesterday, and signed by President Xiao Feixie for formal implementation. But what was surprising was that Wall Street, the biggest beneficiary of the government's rescue, suddenly changed face after the plan was passed, and the three major indexes fell hand in hand.

The boots of the bailout plan gave Wall Street a respite, but concerns about the economic outlook caused stock indexes to fall.

The current market has become a frightened bird, and Andy knows that this is because Wall Street is still worried that the rescue plan passed by the government will not be enough to drag the US economy out of the shadow of recession, because the economic data is getting more and more pessimistic.

Investing 700 billion US dollars in the market can only save the superficial aspects, but cannot solve the fundamental problems. The 700 billion US dollars can only deal with the bad debts on the books so far, but it can't do anything about the new bad debts that continue to burst as the real estate bubble continues to burst.

But in any case, Wall Street finally ended its "worst week", with only one day of gains in five trading days, and the worst day fell 777 points.

Just like what Andy said before when he pretended to be 13 to the media, the economic crisis in the United States, the British can't see the jokes, and they will be unlucky, including Europe.

During this week, the financial crisis spread rapidly to Europe, which also led to a deeper global financial panic. And Europe does not have a unified fiscal and integrated central bank that can intervene quickly in the market like the United States. Therefore, European banks are more vulnerable to bankruptcy and failure due to lack of capital.

In the study, Andy was sitting in front of the computer, having a video conference with his subordinates in the UK, listening to the work report of the week, and more importantly, determining the "target" for the next stage.

For 'robbing' the European financial market, Andy has no psychological burden at all. He can't wait to empty out the wealth of Europe.

"Iceland!"

After Andy listened to the report, he did not hesitate to determine the target as the protagonist in the country's bankruptcy news that he was most familiar with in his previous life-Iceland.

No matter how small a country is, it is also a country based on the financial industry. What can accumulate wealth faster than robbing a country?

"Iceland is a small Nordic country with a population of about 320,000 and an economic aggregate of about US$19 billion. In the mid-1990s, Iceland's stock market flourished, which stimulated the development of the country's banking industry. The total assets of Iceland's banking industry are equivalent to 9 times the total economic volume of the country." A data analyst quickly introduced the situation in Iceland after Andy's words fell.

"The excessive and rapid expansion of the Icelandic banking industry relative to other economic sectors has laid a hidden danger for the outbreak of the current crisis. Under the raging financial crisis, Iceland's banking institutions have been severely impacted and suffered from a shortage of funds. According to reports, Icelandic residents have recently discovered that , It is no longer possible to withdraw or transfer funds from some banking institutions in the country, which has caused quite a panic in the country.

In 2007, the gross domestic product was only US$193.7 billion, while the asset scale of several major banks was as high as US$128 billion, and the foreign debt owed exceeded 100 billion euros. The current foreign assets that the Central Bank of Iceland can use are only 4 billion. EUR.

Various data show that the three major banking institutions in Iceland are in serious trouble, and it is only a matter of time before they are taken over by the government. At present, the exchange rate of the Icelandic krona against the euro has begun to fall sharply. "

"How much money can we use?" Andy asked, rubbing his chin and narrowing his eyes.

"Except for 2 billion pounds of which are shorting British banks and some companies, the previous gains from the gold and foreign exchange markets make us very well funded, and there are 3.2 billion pounds that can be called at any time."

The corners of Andy's mouth were upturned, with a large arc, and his smile became very bright. Sure enough, he is a money fan. He is happiest only when he hears the increase in banknotes, although he has already seen it from the briefing. The fund data is gone, but listening to his subordinates' report still makes him laugh uncontrollably.

"Concentrate on shorting the Icelandic krona,

I believe that many forces are already eyeing Iceland. Hedging the exchange rate of the Icelandic krona is the most direct and simple way to quickly plunder wealth. Andy said calmly. As for the crazy depreciation of banknotes in the hands of the Icelandic people and the soaring prices, they are no longer within his consideration.

"The exchange rate has plummeted, and the Icelandic government will definitely announce that the exchange rate between the Icelandic krona and the euro will be fixed..."

Andy smiled and shook his head to interrupt his subordinates' worries, and said directly: "The general trend! How much money can they put out to support the market? They have no room to resist at all. In the foreign exchange market, their Icelandic krona will usher It is ruthless selling.

Even if there are other countries to rescue, the scale of hundreds of millions or billions is just adding firewood. If they don't rescue the market, what will we earn? They will eventually announce that they will give up supporting the Icelandic krona exchange rate because they have no ability to support the exchange rate. "

Andy stared at the people sitting in the conference room in the video window and said, "Iceland is more like a private investment fund than a government. Now, they have become the most vulnerable country. All we have to do is rush in and take go with everything!"

"Understood, boss!" Everyone responded at the same time with solemn expressions.

"This time there will be a three-place linkage, so everyone, let's compete!

I have never been a stingy person, this time the "ice breaking operation", the team with the highest income ratio will receive 5% of its income as a bonus!

I have given you the opportunity to become a rich man, it is up to you whether you can seize it! "

"Ah—long live the boss!"

"God, boss, I love you!"

. . . . . .

As soon as Andy's incentive plan came out, everyone in the conference room had green eyes and started shouting excitedly. Andy laughed and shook his head and turned off the video, then picked up the phone and notified Bardstone , Alvetrie and the team in the foot basin were equally excited and shouted that the first belongs to them.

The corners of Andy's mouth turned up, and he has been trained to be full of wolf nature. This group of greedy people will bring him a good harvest.

The reason why we want to use heavy profits to spur them this time is mainly because the foreign exchange market is a 24-hour non-stop market. The most obvious difference between it and other trading markets is the continuity in time and the non-constraint in space!

Without heavy interest, how could they go all out without wasting a second, making money for themselves?

Similarly, heavy profits are also the most effective way to retain talents and cultivate disciples of their own companies. Take a look at mg Chase, mg Stanley, and Goldman Sachs. . .

No matter where they go, the disciples they smashed out with huge profits will never forget their origins, and use this as their superior capital, and at the same time give back to these companies at all times.

Such as the current Treasury Secretary Paulson, Federal Reserve Chairman Bernanke, and the next Treasury Secretary Geithner. . .